Despite Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors

Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly

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Despite Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors

Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly

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FTAs Offer Immense Export Opportunity for Indian Jewellery

Jaipur: The Department of Commerce, Ministry of Commerce & Industry, Government of India recently organized a focused outreach programme on “Leveraging FTAs for the Gems & Jewellery (G&J) Sector” in Jaipur, in partnership with the Gems & Jewellery Export Promotion Council (GJEPC). Exporters, manufacturers, MSMEs and other industry stakeholders participated in the programme. The workshop is part of the Government’s

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Golconda & Ancient Diamonds: A Historical Perspective

Singapore: On the third day of 41st World Diamond Congress, on July 15, distinguished jewellery historian and author, Dr. Usha Balakrishnan, of Mumbai, India, will be presenting a lecture entitled “Golconda and Ancient Diamonds – A Historical Perspective. ” “For nearly 2,000 years, every diamond the world had ever seen came from a mystical land, now known as India. These

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Call for African Unity to Defend Natural Diamond Industry

Freetown, Sierra Leone: Against a backdrop of mounting concern over the future of Africa’s diamond sector, ministers from leading diamond-producing nations convened in Freetown, Sierra Leone, on May 20, 2026, to address a challenge that is rapidly transforming the global jewellery landscape—the growing dominance of laboratory-grown diamonds. A key voice at the Council of Ministers meeting of the African Diamond

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Resilient Growth for Platinum Jewellery in 2025

Mumbai: Platinum Guild International (PGI) presented its annual Platinum Jewellery Business Review (PJBR) in an online presentation, themed “A year of resilience”. The review set out platinum jewellery demand across key markets in 2025 and the outlook for 2026, describing an exceptional year for platinum jewellery that was best characterized as a year of resilience.   Mr. Tim Schlick, CEO of PGI, reviewed

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RJC Certifies Tara Jewels Ltd.

London: RJC announced that Tara Jewels Ltd., a Mumbai headquartered international integrated player in the jewelry industry with expertise ranging from designing to manufacturing and retailing of jewellery, has achieved Certification by meeting the highest ethical, social and environmental standards established by the RJC. “RJC warmly congratulates Tara Jewels Ltd. on its Certification. The successful verification assessment was conducted by

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World Diamond Conference in Delhi

Mumbai: The World Diamond Mark Foundation (WDMF), in close cooperation with the Gem & Jewellery Export Promotion Council (GJEPC), India, will organize an international World Diamond Conference supported by the Ministry of Commerce and Industry, Government of India, in upcoming December, with its heart at the future of diamonds and diamond jewellery in the global luxury consumer market. The conference

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India Gem & Jewellery Machinery Expo in Surat

Surat: The Gem and Jewellery Export Promotion (GJEPC) in affiliation with the Surat Diamond Association (SDA), will host the India Gem & Jewellery Machinery Expo (IGJME) at The International Exhibition & Convention Centre, Surat, from 28th – 30th November, 2014. The inaugural edition in 2013 saw 75 exhibitors spread across 100 stalls. This year’s edition has grown bigger and will

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Global Diamond Jewellery Sales Hit $79 Billion

Gaborone: Global diamond jewelry sales hit a record $79 billion in 2013, as the market faces a coming rough shortage, according to De Beers’ inaugural Diamond Insight Report. The report said that U.S. sales rose 7 percent last year, while sales in India and China grew 12 percent. According to the report, one in six U.S. diamond jewelry sales were

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